Glendora Park Place is a rarely available 2006 constructed apartment building, located in Glendora, one of the nicest submarkets in the East San Gabriel Valley. The property features 50 spacious apartment homes and 3 retail spaces spread across approximately 69,266 SQFT of land. This community offers a balanced unit mix of 1- and 2-bedroom floorplans, designed to meet a variety of lifestyle needs of current and future residents.
The property includes (36) one-bedroom, one bath units and (14) two-bedroom, 2 bath units. Glendora Park Place benefits from immediate rental upside potential, with current in-place rents positioned below market levels—allowing for increased income through strategic rent adjustments. The property interiors feature gourmet kitchens with granite countertops, hardwood style flooring, in-unit washer and dryers, private patios and balconies, resident clubhouse and elevator access. A buyer will benefit from the ability to raise rents without renovation cost moving forward. Additionally, there are interior carports and common area lawn areas that may be optimum locations for ADU conversions.